The 50-50 rule is a criterion established by the Reserve Bank of India (RBI) to determine whether a company qualifies as a Non-Banking Financial Company (NBFC). According to this rule, a company is classified as an NBFC if it meets both of the following conditions: Financial Assets Test: The company's financial assets constitute more than 50% of its total assets (excluding intangib... https://www.compliancecalendar.in/nbfc-company-registration